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Tag: NFTs

NFTs in the Metaverse: How the NFT Industry Seeks Solace in Diversification

The age of Non-fungible tokens has risen; NFTs are expanding fast into industries such as gaming, business, metaverse, etc.

Russians are paying up to $20,000 above market rate to buy Bitcoin

Media outlet DeFiprime dot com noted Bitcoin is trading for up to $20,000 above the market rate on Russian exchanges.

The post Russians are paying up to $20,000 above market rate to buy Bitcoin appeared first on CryptoSlate.

Fries DAO Has Raised $5.4M to Buy Fast Food Restaurants

Fries DAO Has Raised $5.4M to Buy Fast Food Restaurants

A new DAO aimed at purchasing fast-food restaurants called Fries DAO has raised more than $5.4 million to achieve the goal. Fries DAO Raises $5.4 Million Fries DAO has raised more than $5.4 million over the week ending on February 20 and has given out FRIES tokens to those who participated. The tokens don’t grant any ownership of the restaurants or give holders any share of profits but will be used to vote on proposals with regards to how they operate. FriesDAO raise closes with $5.4M! $FRIES claiming is expected to be this Tue/Wed. As a Wyoming DAO LLC, a Notice of Intent to issue tokens is being filed this Monday. An Operating Agreement has also been released, which recognizes all $FRIES holders as co-owners of the DAO. pic.twitter.com/ehyF5sSRq7 — friesDAO (🍟,🍟) (@friesdao) February 20, 2022   Starting this week, token holders can stake their FRIES to receive KCHUP tokens, which can then be used to purchase NFTs that include utility perks like free burgers. You can't have delicious fries without ketchup. Single sided staking with $FRIES is coming next week for $KCHUP. Read the announcement at https://t.co/qQ88a1AaE8 for more info on emissions, NFT minting, and an airdrop for eligible $FRIES holders. — friesDAO (🍟,🍟) (@friesdao) February 25, 2022 The DAO plans to ‘negotiate with franchise owners and brands to buy well-known fast food stores using the Fries DAO community treasury.’ For this, the DAO is planning to buy at least one fast-food restaurant in the first year. If this doesn’t happen, the funds raised will be returned to the community without any expenses. Fries DAO Could Buy a Subway Branch According to the community’s Discord server, the first restaurant the DAO has planned on acquiring is a branch of Subway and has even asked token holders to review the financial details ahead of a potential vote on the purchase. $FRIES members! The first store candidate for potential acquisition has been announced. Please verify your $FRIES holdings in the Discord (https://t.co/WuYfZOcML1) to gain access to the prospect-data channel to review details and financials for consideration. — friesDAO (🍟,🍟) (@friesdao) February 25, 2022 The former president of Domino’s Pizza, Kory Spiroff, is an advisor to the project. The community also includes several people with experience in the fast-food industry.

The post Fries DAO Has Raised $5.4M to Buy Fast Food Restaurants appeared first on Cryptoknowmics-Crypto News and Media Platform.

Warriors Land is a play2earn multiplayer game, betting against other players in (WLF).

Warriors Land is a multiplayer, play-to-earn game. Create your own robots, each with their own talents, weaponry, and skills. The BSC…

Ethereum Hits Major Milestone: 1 Million Unique NFT Buyers

Ethereum

Ethereum, the second-largest blockchain, officially reached the 1 million unique NFT buyers mark on Sunday, seven years since the first NFT was minted on Ethereum blockchain. As rival ecosystems have seen formidable growth, threatening Ethereum’s dominance, the announcement shows that Vitalik’s offspring still lead the NFT game for the time being. According to the most [...]

The post Ethereum Hits Major Milestone: 1 Million Unique NFT Buyers appeared first on Blockonomi.

Players Earn An Average $1,215 USDT With WonderHero in First Three Weeks

After only 3 weeks, the play-to-earn WonderHero grants players an income of over 1,200$, meaning players have earned a lot on the platform! The Play-to-Earn Game Attracting Players Due to Significant Earnings The rise of interest in NFT continues to strongly increase, especially in the play-to-earn game market where players can earn real money from [...]

The post Players Earn An Average $1,215 USDT With WonderHero in First Three Weeks appeared first on Blockonomi.

The Nightly Mint: Daily NFT Recap

Welcome to the Nightly Mint – a new content series from our team at NewsBTC that provides all the quick hits at the end of each day around all things NFT. Each weekday, we’re bringing you a daily NFT recap of the latest bites of action – spanning across news headlines, community chatter, and a closing “minty fresh” take that we’ll share each day to keep the curiosity cooking. The Nightly Mint New TIMEPieces Mint TIME Magazine has easily been the most aggressive traditional publication to get NFTs right. TIME dropped their latest ‘TIMEPieces’ launch today, raising funds for humanitarian relief efforts in Ukraine. Pixelmon Takes Heat Chatter around the NFT community today was aplenty surrounding the massive flop of Pixelmon, an NFT project that raised a staggering $70M, and promised a high-flying roadmap. It’s been a flop of epic proportions, quickly becoming a bit of the ‘flavor of the week’ laughingstock in the NFT space: Pixelmon had an art reveal so terrible, ‘Kevin’ is being labeled a historical NFT pic.twitter.com/A2ummGDypV — ThreadGuy.eth 💫 (@DiscoverXnft) February 28, 2022 Related Reading | Bitcoin Mining More Damaging To The Environment After China Ban, Study Says KPMG Canada is purchasing an NFT just a few short weeks after adding Bitcoin and Ethereum (ETH) to their portfolio. | Source: ETH-USD on TradingView.com KPMG Canada Buys ‘World Of Women’ NFT KPMG is one of the ‘big four’ accounting firms with operations that span across the globe. In an announcement today, the Canadian division at KPMG has purchased a ‘World of Women’ NFT as “part of it’s corporate strategy.” The floor price on WoW is currently around $25K. A Managing Partner of Advisory Services at KPMG Canada, Benjie Thomas, stated: “This acquisition reflects our belief not only in the continued growth of NFTs, but in the value of WoW and its mission. Having now gone through the process, we are well-positioned to guide our clients around building a corporate NFT strategy, including, acquiring and safeguarding NFTs.” Projects like WoW that stand for gender equity in a predominantly male environment are primed to be major players for institutions that desire purpose-driven NFT investments. The ‘Minty Fresh’ Take Today’s minty fresh take comes courtesy of @mikethreezy on Twitter: there is nothing about an NFT that is inherently related to art. NFTs are much broader, non-fungible things, and the kinds of things they represent irl will likely grow exponentially expecting ppl to have more interest in the art tokens is setting urself up for disappointment — mike three 🔻 (@mikethreezy) February 28, 2022 At NewsBTC and our sister network Bitcoinist, we’ve been covering all sorts of potential use cases for NFTs as we look ahead; don’t be surprised to see more and more projects that are less focused on strictly art, and more focused on utility. Related Reading | Bitcoin In Demand, Bulls Enjoy 9% Surge Featured image from Pexels, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

Mars4 Metaverse Listing on KuCoin

Humans have always had the ambition to explore outer space. To this day, the Moon Landing remains etched in history as one of the most highly regarded events of all time, one that continues to inspire over half a century later. Space travel is still far from universally available, such that even the planets and […]

Polygon mints unique ‘social experiment’ NFT collection

A social experiment by Dutch artist Dadara and RAIRtech, an NFT digital rights management…

The post Polygon mints unique ‘social experiment’ NFT collection appeared first on Coin Journal.

Introducing coinjar.eth

We just bought our piece of the Ethereum blockchain and it’s opening up some big possibilities.

Last week we spent 5.9 ETH to secure coinjar.eth, our very own slice of the Ethereum network. Depending on your perspective, spending the better part of $25,000 on a

A Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants

The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing fast-food restaurants called Fries DAO has raised more than $5.4 million to achieve the goal. Fries DAO Creators Dream of a ‘DAO-Governed Fast-Food Franchise Empire’ […]

Axie Infinity Becomes First NFT Series to Exceed $4B in Sales

The four-year-old Axie Infinity also made history when it reached $2.05 billion gross sales back in September 2021.

The post Axie Infinity Becomes First NFT Series to Exceed $4B in Sales appeared first on BitPinas.

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